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Dec 28, 2012
12/12
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KRON
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that's when automatic tax increases and spending cuts would take effect. reaching a deal before then what be easy. right now both sides are involved in a high-stakes political blame game. >> we in washington are working while the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president i would be happy to look at whatever he proposes but the truth is we're coming against a hard deadline here. i said this is a conversation we should have had months ago. >> former president george h. w. bush is still in intensive care at a hospital in houston with a stubborn fever. the family is, that he will be out of the i see you sound. the chief of staff said supporters a note yesterday including " he would ask me to tell you please put the sharks back in the closet " the 88 year- old has been in a hospital for more than a month after first coming down with bronchitis. >> a live look at the james lick and traffic is light. it is very cold and we will have
that's when automatic tax increases and spending cuts would take effect. reaching a deal before then what be easy. right now both sides are involved in a high-stakes political blame game. >> we in washington are working while the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president i would be happy to look at whatever he proposes but the truth is we're coming...
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Dec 27, 2012
12/12
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KICU
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eye 115
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that would allow hard lying republicans to have lower taxes. >> to apiece voters. great. >> so called it low form of chay in an begans. >> i think it would be horrible. i think i don't think it's fair to the american people. >> with 2 million people on the verge of losing their unemployment benefits, there are too many lives at stake if we don't get it before the end of the year. >> the ceo of star, bucks is sending a message. writing come together on the coffee cups they serve on thursday and friday. urging a compromise on fiscal cliff negotiations. >>> the city of san francisco may pay employees to stay healthy. a group of government employees consider to be the healthiest. of that group, two-thirds were overweight. now city leaders in san francisco are considering a plan to give direct incentives to employees for being healthy. it would save the city money in the long run. >> a request for a waiver of the no child left behind law. the goals are unreelistic and flawed. to evaluate teachers based on their student's test scores. so far 33 states and the terrific of
that would allow hard lying republicans to have lower taxes. >> to apiece voters. great. >> so called it low form of chay in an begans. >> i think it would be horrible. i think i don't think it's fair to the american people. >> with 2 million people on the verge of losing their unemployment benefits, there are too many lives at stake if we don't get it before the end of the year. >> the ceo of star, bucks is sending a message. writing come together on the coffee...
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Dec 31, 2012
12/12
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WJLA
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eye 101
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eight prevent a tax increase. clear differences remain. seene odds are we have not the leadership on either side of e to solve this problem. is a contraction economy. loss of jobs which could be well in addition to the people already on unemployment. >> the senate reconvenes 11:00 on monday. the president's heerview earlier today, the issue of guns. the president said the day of newtown shooting was the t of his presidency. onlyam skeptical that the is putting more guns in schools. the vast majority of the people are skeptical. >> the president has pledged to behind full weight preventing aimed at the violence. president hugo f. chavis is 's hugo chavez delegate -- delicate. has says hesident in cuba.in >> it is a bitterly cold night. >> one of the coldest nights of the year. >> temperatures continued to we move to the next several hours. the winds have finally diminished. s.ear skie it allowed temperatures to fall quickly. highest i could find, southern maryland, 22 miles per hour. mainly clear and cold waking up
eight prevent a tax increase. clear differences remain. seene odds are we have not the leadership on either side of e to solve this problem. is a contraction economy. loss of jobs which could be well in addition to the people already on unemployment. >> the senate reconvenes 11:00 on monday. the president's heerview earlier today, the issue of guns. the president said the day of newtown shooting was the t of his presidency. onlyam skeptical that the is putting more guns in schools. the...
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Dec 28, 2012
12/12
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KICU
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that's the strongest rate when a temperature home buyers tax credit boosted sales. with rising sales, available homes have dropped. it's 149,000s are on the market. >> the county fire protection announced meeting times affected by next month's closure of 4 fire stations. the fire chief and board members will be at each meeting to take questions and discuss the affects of the closures. martinez, and clayton will lose a fire stations. we posted it on kiku web site, just click on the hot topics page >>> here for the first time from the injured mother who shielded her young twin. >> i'm proud of them and how far they've come. >>> some are calling it the greatest season in football season. >> back here at 7:20 more showers in the bay area forecast and i've got the time line for your showers. oh, you have a keurig vue brewer? oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter!
that's the strongest rate when a temperature home buyers tax credit boosted sales. with rising sales, available homes have dropped. it's 149,000s are on the market. >> the county fire protection announced meeting times affected by next month's closure of 4 fire stations. the fire chief and board members will be at each meeting to take questions and discuss the affects of the closures. martinez, and clayton will lose a fire stations. we posted it on kiku web site, just click on the hot...
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Jan 1, 2013
01/13
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KRON
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taxes should not go up on anyone but we all knew if we did nothing they would be going up on everyone. we would not let that happen. >> the house reconvenes at noon and is expected to take up the measure at that time. >>> now on the secretary of state, doctors are saying that a blood clot that formed in her head is starting to dissolve. they are confident ñrshe will make a full recovery. it is located in the vein behind her right ear. they are treating with blood thinners and she will be released once the medication has been established. we'll be right back. and the thou on the first day of 2013. have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswa
taxes should not go up on anyone but we all knew if we did nothing they would be going up on everyone. we would not let that happen. >> the house reconvenes at noon and is expected to take up the measure at that time. >>> now on the secretary of state, doctors are saying that a blood clot that formed in her head is starting to dissolve. they are confident ñrshe will make a full recovery. it is located in the vein behind her right ear. they are treating with blood thinners and...
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Dec 28, 2012
12/12
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WBFF
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hiih would mean automatic tax increases for evvry american and drassic speeding cutt. resident ooama summoned four washington power players and others to a meeting at the whitt house this afternnoo.. nancy pelosi....ssnate majority leader harry reid, and senate minority leader mitch mcconnell. potential deal. "reeubllccns are not about to write a bbank check for anything the senate democrats put forward.""i'm happy to work with thee anyway that i &pcan but the way things havee been going, it's not a good escape hatch that we have." &pobama is expected to comment 45. weell bring you that live... ii jjst ten minutes the cost of living in 2013 could soon go up. a up to 8-dollars. - p crystal haynes explains why the price could soon double. doublee kristen bianculli s a busy mom of two. herrgirls and husband--bianculli ssyss "yep. they drink a lot of mmlk."" ...and wwth the current cost of milk sse's like most moms...she shhps the &psales. bianculli says: "it's you know, it's ggne and you're - likk 'oh the onns that are on sale are gonn!'" but come january fiist the price
hiih would mean automatic tax increases for evvry american and drassic speeding cutt. resident ooama summoned four washington power players and others to a meeting at the whitt house this afternnoo.. nancy pelosi....ssnate majority leader harry reid, and senate minority leader mitch mcconnell. potential deal. "reeubllccns are not about to write a bbank check for anything the senate democrats put forward.""i'm happy to work with thee anyway that i &pcan but the way things...
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Dec 28, 2012
12/12
by
WBFF
tv
eye 155
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that's when automattc tax increasse and ssendinngcuts would take effect. reaching a deal beeooe then on't be easy. becauseeright now, both high-stakes political blame game. we are here in washingtonnworking while the members of the house of reeresentatives are out watching movies and watching the kids play soccerrand bbsketball and doing all kinds oo things. they should be here. i told the prreident i'd beehappy to look at whateeer he proposes but the truth is we're coming up against a hardd &pthis is a conversation we &pbbsh-era tax cuts to everyonne except those americans making year. many republicans rrmain - against any tax incceases. most americans just wann sommthing to be done. ppople are just tired of everyone to come together. if lawmmkers don't reach a deal by jaauary 1st, many econnnmists are oncerned it couud eventually leed to anotherrrecessionn i'm ed payne reporting. supreme coort ustice sonia sottmayor turnssdown a request... to blook part oo thh "affordable heallhcarr act"... ffom going into effect have been filing lawsuiis to - block a ma
that's when automattc tax increasse and ssendinngcuts would take effect. reaching a deal beeooe then on't be easy. becauseeright now, both high-stakes political blame game. we are here in washingtonnworking while the members of the house of reeresentatives are out watching movies and watching the kids play soccerrand bbsketball and doing all kinds oo things. they should be here. i told the prreident i'd beehappy to look at whateeer he proposes but the truth is we're coming up against a hardd...
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Dec 28, 2012
12/12
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WJLA
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many republicans are against any tax increases. -- democrats want to extend bush-era tax cuts to everyone except those americans making $250,000 per year. >> d.c. mayor vincent gray says the christmas eve killing on capitol hill is a rallying cry to put more police on the streets in city neighborhoods. his comments come days after jason emma was shot while parking his car in the 1200 block of c street northeast. police are looking for the gunman. vincent gray plans to pressure the d.c. council to approve plans for additional police officers. four young suspect under arrest in connection with a carjacking in manassas. wednesday night, a 12-year-old boy and a 14-year-old boy each hold a hand gun style begun from a business at the manassas mall. then they walked to a nearby neighborhood and carjacked a man and his wife who had just parked their chevy tahoe. >> the guns mwere pointed at you and your wife? >> yes. >> the boys picked up from friends, including a 13-year-old girl, who drove the truck to a mcdonald's. police found them in the drive- through line. the driver jumped out of the car.
many republicans are against any tax increases. -- democrats want to extend bush-era tax cuts to everyone except those americans making $250,000 per year. >> d.c. mayor vincent gray says the christmas eve killing on capitol hill is a rallying cry to put more police on the streets in city neighborhoods. his comments come days after jason emma was shot while parking his car in the 1200 block of c street northeast. police are looking for the gunman. vincent gray plans to pressure the d.c....
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Dec 27, 2012
12/12
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CNNW
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we need to not just raise taxes. if we give the president every tax increase that he wants. we need to address the spending. >> and the president has addressed that. no one is saying that there should be no spending cuts. >> ultimately. we have to find a bring here to get across. what are the ways we can agree on that will help us through that. i would would brry if we get do our fox holes and shoot across at each other. you know our international reputation is going to suffer. every other country in the world and watching this is going to say is america prepared to leave? >> you can't trust these guys, they are not up to it. >> if the nation slides into a resocial. i think the republicans will pay the biggest price in the beginning. the president so far has the fact is the republicans have been losing the message war on that. for its own sake it need to listen to the right of center not the nar right. right now, it has to act as if look, the country's needs come first. what do we need to do some protect the country's welfare. we thought it would come with the event of the e
we need to not just raise taxes. if we give the president every tax increase that he wants. we need to address the spending. >> and the president has addressed that. no one is saying that there should be no spending cuts. >> ultimately. we have to find a bring here to get across. what are the ways we can agree on that will help us through that. i would would brry if we get do our fox holes and shoot across at each other. you know our international reputation is going to suffer....
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Dec 30, 2012
12/12
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CNNW
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about whether to raise taxes, tax rates on anybody. you're going to begin to see this conversation as the conversation moves forward. the rifts in the democratic party about what programs should be cut and what programs should be saved. and i think that's a little of what you're seeing now. i don't know if it's enough to sort of throw the whole deal out. i think only those folks -- you did hear the folks, senator mcconnell saying i've called my friend joe biden, can he get to the president. it's clear that the democrats are saying that the president is the one who won't -- you know, who doesn't want to put up a counteroffer. so we'll see. >> changes by the hour. >> candy crowley, thank you as always, we'll be in touch. >> all eyes continue to be in washington as the cliff gets closer, the president insists 0 a tax hike for the rich. but the republicans won't budge. something has got to give. a.b. stoddard weighs in. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and
about whether to raise taxes, tax rates on anybody. you're going to begin to see this conversation as the conversation moves forward. the rifts in the democratic party about what programs should be cut and what programs should be saved. and i think that's a little of what you're seeing now. i don't know if it's enough to sort of throw the whole deal out. i think only those folks -- you did hear the folks, senator mcconnell saying i've called my friend joe biden, can he get to the president....
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Dec 30, 2012
12/12
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WBAL
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the federal income taxes will go up. if lawmakers to come to an agreement, they are likely to leave it that way. sarah sampson, wbal-tv 11 news. >> the ravens game was kind of like the iowa caucus of the regular season. everybody gets to participate. it does not matter if you lose. you learn in the process. >> neither team could improve their playoff position. cincinnati chose to place starters for much of the game. the ravens nearly won the game in cincinnati. in the first quarter, anthony allen, a first touchdown of his career. we saw a bunch of taylor today. he is swift with the feet. the ravens have the 14-13 lead. now trailing 16-14. taylor does not have much height. dunlop has plenty. that would be the play of the game. the ravens fall 23-17. the ravens will host a playoff game this coming weekend. we know it will be the colts' coming to town. we just do not know when. more coming up in sports. >> now we want to get a first look at the forecast. >> it was windy and cold today. things are settling down. the wind wil
the federal income taxes will go up. if lawmakers to come to an agreement, they are likely to leave it that way. sarah sampson, wbal-tv 11 news. >> the ravens game was kind of like the iowa caucus of the regular season. everybody gets to participate. it does not matter if you lose. you learn in the process. >> neither team could improve their playoff position. cincinnati chose to place starters for much of the game. the ravens nearly won the game in cincinnati. in the first quarter,...
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Dec 29, 2012
12/12
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WBFF
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eye 167
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country. 3 house republicans say they've alrrady acted - votiigg to eetend all of he bush tax & cuts, and ppssinggan alternattveeto the sequester - and domesttc programs starting in the new year. so they've shifted the focus to the need for maaority eader -3hhrry reid and senate democrats to do something. &p lankford says: "the way the 3 now - not evee bringing bills through committee - is incredibly frustrating to those of us in the house 3 has to be done ii theesenate wants a rsolution, senate - actually has to pass something on this we hhve ddne our ork in the house. the enate has to respond." te challenge is determining what will pass the republican led phuse, and the democrat pontrolled senate. fiscal conservatives say a avood the cliff won't work. corker ays: "if we in fact do not use this ppriod of time 33 with the bigger issues of entitleeents, if we just continue to kiik the can down & ttink the market is going to rrspond in a mooe permanent and negativv 3 another bill... 3 news.mike emanuellfox ewss 3 another bill... held up... in... congressional pridlock... could pend... m
country. 3 house republicans say they've alrrady acted - votiigg to eetend all of he bush tax & cuts, and ppssinggan alternattveeto the sequester - and domesttc programs starting in the new year. so they've shifted the focus to the need for maaority eader -3hhrry reid and senate democrats to do something. &p lankford says: "the way the 3 now - not evee bringing bills through committee - is incredibly frustrating to those of us in the house 3 has to be done ii theesenate wants a...
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110
Dec 26, 2012
12/12
by
WBAL
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eye 110
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the home buyer tax credit temporarily boost sales. analysts attribute the jump to lower interest rates. fewer homes on love market, and growing consumer confidence. lawmakers seem to be incapable of coming to agreements even on a farm bill in congress which may mean higher milk prices in the coming year. the price of milk could rise from its current average cost of $3.65 a gallon to as much as $7 a gallon if congress fails to pass a new form bill. gas is cheaper. the governor -- former would have to follow legislation dating back to the truman presidency which would force washington to buy milk at inflated prices. it would be based on what a cost to produce milk in 1949 when it was basically done by hand. speaking of the fiscal cliff, starbucks is making a political push. the ceo wants d.c. area stores to read the words come together serve thursday and friday. he wrote president be bystanders, you and your customers have an opportunity and i believe we all have a responsibility to spend our -- send our elected officials a respectful b
the home buyer tax credit temporarily boost sales. analysts attribute the jump to lower interest rates. fewer homes on love market, and growing consumer confidence. lawmakers seem to be incapable of coming to agreements even on a farm bill in congress which may mean higher milk prices in the coming year. the price of milk could rise from its current average cost of $3.65 a gallon to as much as $7 a gallon if congress fails to pass a new form bill. gas is cheaper. the governor -- former would...
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Dec 30, 2012
12/12
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WJLA
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hike. >> what i am arguing for is maintaining tax cuts for 90% of americans. i did not think anybody would consider that and liberal, left- wing agenda. >> republicans say their agenda, not stifling an already fragile economy with tax hikes on those who are behind small business. >> the higher you set that level, the less small business you will get. >> what had been high hopes had turned sour, with senate leaders said today that talks are now at a standstill. >> the issue is the balance between the cuts and revenue. what we call for is balance. republicans in the house have refused even one penny so far from people earning more than $1 million. >> that is the problem that we have been hearing. republicans floated out a proposal to change the way social security payments are considered. analysts say you'll notice it on your paycheck as early as the end of january. the pentagon prepared to offer low potentially hundred thousand workers. -- furlough potentially 800,000 workers. >> it is been years since the redskins have had a game as important as tonight. >> th
hike. >> what i am arguing for is maintaining tax cuts for 90% of americans. i did not think anybody would consider that and liberal, left- wing agenda. >> republicans say their agenda, not stifling an already fragile economy with tax hikes on those who are behind small business. >> the higher you set that level, the less small business you will get. >> what had been high hopes had turned sour, with senate leaders said today that talks are now at a standstill. >>...
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Dec 29, 2012
12/12
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KICU
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one that protects the middle class from a tax hike. >> reporter: following the high stakes meeting on friday, senate appears to be poise. >> we will work hard to see if we can get there in the next 24 hours. i am hopeful and optimistic. >> i will do everything that i can. i am confident senator will do the same. but everybody, whatever we come up with will be imperfect. some people aren't going to like it. some people will like it less but that is where we are. >> reporter: accept at majority leader reid called senate not to meet on saturday while leaders negotiate. boehner said he will not bring anything in the house unless it passes senate. if it fails to pass, every american will see a tax rate increase and unemployment benefits will go away. >> ordinary people do their jobs, meet deadlines, they sit down and discuss things and then things happen. if there are disagreements they sort through the disagreements. the in addition that our elected leadership can not do the same thing is mind boggling to them. and it needs to stop. >> reporter: in washington,. >>> on wall street, stocks
one that protects the middle class from a tax hike. >> reporter: following the high stakes meeting on friday, senate appears to be poise. >> we will work hard to see if we can get there in the next 24 hours. i am hopeful and optimistic. >> i will do everything that i can. i am confident senator will do the same. but everybody, whatever we come up with will be imperfect. some people aren't going to like it. some people will like it less but that is where we are. >>...
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Dec 24, 2012
12/12
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FOXNEWSW
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i would vote for revenues including tax hikes to keep the country from becoming greece. i am not going to set aside the 1.2 trillion in cuts. >> the president spoke out about the dpfiscal cliff on friday focusing his goals on middle class tax cuts not some kind of bargains. his supporters should find it no surprise to any one he wants people above tacks. >> he won 60 percent of the voters stharp for it in the exit polls including some republicans. >> the focus shift to go the u.s. senate where few republicans are backing democratic plan to take some kind of actions before the deadline. >> they continue to give opinions rick warren had an opinion. >> he said it is time to stop placing blame and start fixing things. listen to this. >> i think there's plenty of blame to go around. i would say this we need to stop blaming. you can't mix the problem while you were fixing the blame. i have trained leaders all over the world. one of the things i teach leadership is leaders accept the blame and give away the credit. >> every time you are blaming you are being blamed. i wish they
i would vote for revenues including tax hikes to keep the country from becoming greece. i am not going to set aside the 1.2 trillion in cuts. >> the president spoke out about the dpfiscal cliff on friday focusing his goals on middle class tax cuts not some kind of bargains. his supporters should find it no surprise to any one he wants people above tacks. >> he won 60 percent of the voters stharp for it in the exit polls including some republicans. >> the focus shift to go the...
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110
Dec 25, 2012
12/12
by
WBAL
tv
eye 110
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. >> anyone who has not taken advantage of the tax credit, act fast. you have a few days to save hundreds of dollars. officials are reminding all consumers to postmarked applications by december 31 or you'll have to wait another year. the legislation in 2007 by the state general assembly. homeowners must submit eligibility, which limits the amount of assessment increase. spending the holidays at home is not in the plans for george h. w. bush. he is spending another night in hospital. he has been in the hospital since last month with a lingering bronchitis' cough. doctors had hoped to release them but he delivered a fever. doctors say they are optimistic he will recover. the good news come he is surrounded by his wife and other relatives. nelson mandela is looking better after two weeks in the hospital. he had surgery to remove gall stones and developed a lung infection. no word on whether the former president will be released but he does remain in good spirits. she had a memorable moment with daniel craig and now queen elizabeth's's christmas message i
. >> anyone who has not taken advantage of the tax credit, act fast. you have a few days to save hundreds of dollars. officials are reminding all consumers to postmarked applications by december 31 or you'll have to wait another year. the legislation in 2007 by the state general assembly. homeowners must submit eligibility, which limits the amount of assessment increase. spending the holidays at home is not in the plans for george h. w. bush. he is spending another night in hospital. he...
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513
Dec 31, 2012
12/12
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KPIX
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eye 513
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that is the tax increases on new year's day unless a deal can be reached. now, they have been coming closer but so far not enough to come up with an agreement. >> members of congress met meetings today on capitol hill without a deal. hours before the nation is set to fall off the fiscal cliff. >> there are are still significant differences between the two sides, tpheg orbiations continue. >>> if respects and temaccurates can not strike a deal before midnight monday taxes will go up for almost every american. automatic spending cuts will kick in and millions will lose unemployment benefits. >> i want everyone to know i am willing to get had this done. i need a dance partner. >>> republicans introduced a proposal by slowing the growth of social security. senators say there is movement as both sides try to compromise about which americans should start paying a higher tax rate. >> this is a lot of give and take going on right now. but republicans don't want to see new revenues, in other words democrat tax increases being used for new spending. >> in an unusual
that is the tax increases on new year's day unless a deal can be reached. now, they have been coming closer but so far not enough to come up with an agreement. >> members of congress met meetings today on capitol hill without a deal. hours before the nation is set to fall off the fiscal cliff. >> there are are still significant differences between the two sides, tpheg orbiations continue. >>> if respects and temaccurates can not strike a deal before midnight monday taxes...
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Dec 30, 2012
12/12
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CNNW
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brian, no one wants their taxes to go up. we know come tuesday, everyone who gets a paycheck will get less money in it unless a deal is reached. i know you've been talking to people and getting the pulse of the country, what are they saying to you? >> you know, martin, you're right, gallup did a recent poll taking a look at this. let's take a look. the recent poll shows that 68% of americans are saying lawmakers are should compromise in order to reach this fiscal cliff solution. only 22% think those lawmakers need to stick to their guns and not budge. either on tax increases or spending cuts. >> so we know that gridlock has been a big problem and we're seeing more, it appears on this issue. in the end could this result in who has the upper hand in public support? >> that's the game they're playing, is it the republicans to blame or the democrats? president obama has seen an increase in his numbers as they've been going through this. as you saw with dana bash, they're at a standstill, who knows what they're going to do. we ask
brian, no one wants their taxes to go up. we know come tuesday, everyone who gets a paycheck will get less money in it unless a deal is reached. i know you've been talking to people and getting the pulse of the country, what are they saying to you? >> you know, martin, you're right, gallup did a recent poll taking a look at this. let's take a look. the recent poll shows that 68% of americans are saying lawmakers are should compromise in order to reach this fiscal cliff solution. only 22%...
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Dec 31, 2012
12/12
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FOXNEWSW
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return and pays taxes, it would cost them about $3,000 a year. you don't get anything for it. lisa jackson has been for a long period of time the head of the epa, obama's epa. i asked her the question live on tv. i said, if we were going to pass this cap and trade, would this lower our co2 emissions worldwide? she said no it wouldn't. the reason it wouldn't she said is this only applies to the united states. this isn't where the problem s. the problem is in china, in mexico, in other countries where they don't have standards. that is the crown jewel of all regulations. it is the most expensive one. and it is one that is based on the assumption that the catastrophic global warming is taking place, and it is due to man made gases. the people of this country know better. >> you know, senator, to be able to do that, it would be an outrage to most of us who understand the legislative process and we even have the ept representatives. we would just be ignoring the constitutional responsibility to get authorization. how can he do this? >> that's right. f
return and pays taxes, it would cost them about $3,000 a year. you don't get anything for it. lisa jackson has been for a long period of time the head of the epa, obama's epa. i asked her the question live on tv. i said, if we were going to pass this cap and trade, would this lower our co2 emissions worldwide? she said no it wouldn't. the reason it wouldn't she said is this only applies to the united states. this isn't where the problem s. the problem is in china, in mexico, in other countries...
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Dec 28, 2012
12/12
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KTVU
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it will soon mean higher sales tax and higher income tax on the state's top earners. the fiscal cliff would add to that hitting all americans with higher taxes. >> i don't know, there's a word to describe how upset the public is going to be. nobody's going to be happy to see that happen. >> if taxes go up on everybody it's not going to be a happy time. but i think that's inevitably what's going to happen. >> they say the lowest income folks will see their take home pay shrink just over three and a half%. average earners 4% and top earners 6%. >> another sign the housing market is improving, the national association of realtors says pending home sales rose last month to the highest level in 2 and a half years. pending sales rose nearly 2% in november and that's the third month in a row it's gone up. >> amazon had a green christmas season. they announced the 2012 holiday sales were the biggest ever. they had several record setting days including cyber monday when customers ordered 26 and a half million products. they won't give exact numbers but say sale of the kindle d
it will soon mean higher sales tax and higher income tax on the state's top earners. the fiscal cliff would add to that hitting all americans with higher taxes. >> i don't know, there's a word to describe how upset the public is going to be. nobody's going to be happy to see that happen. >> if taxes go up on everybody it's not going to be a happy time. but i think that's inevitably what's going to happen. >> they say the lowest income folks will see their take home pay shrink...
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Dec 30, 2012
12/12
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but some lawmakers say its the presidents tax hike - phat won't do much to help the nations debt. 3 "the presidents proposaa to raise taxes on the top 2% of &pamericcns won't even pay 1/3 of he aanual interest that is now owed on this massive $16 prillion debt." 3 p the houue will retuun to washington tomorrow evening...just ooe day before a deal needs to be reached. 3 another bill held up in congressionnl gridlock could send milk prices to seeen dollars gallln...the to keeping mmik prices reasonable.. theessnaae passed their version but the houue hasn't started debatt onnthe - measure.... withouu a deel a 60 yearrold law will go back 3 prices to soar... 3&p the frantic 9-1-1 calls have been releesed of the -3 moments before a mother and daughter were rescued from a freezingglake in indiana. ------nats of call---------- -- 3 when arrie straight intt a freezinn laaee with her 5-year-old daughter inside. but mattingly knewwjust what to dd. shh managg to get out of the car and pull her dauuhter out of the bacc seat through the rear window. -3 the two hen swam back to shore...just as crew
but some lawmakers say its the presidents tax hike - phat won't do much to help the nations debt. 3 "the presidents proposaa to raise taxes on the top 2% of &pamericcns won't even pay 1/3 of he aanual interest that is now owed on this massive $16 prillion debt." 3 p the houue will retuun to washington tomorrow evening...just ooe day before a deal needs to be reached. 3 another bill held up in congressionnl gridlock could send milk prices to seeen dollars gallln...the to keeping...
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Dec 27, 2012
12/12
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KRON
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americans' taxes are approaching the wrong direction. come the first of this year, americans will have less income they have today. if we go over the cliff, it looks like that is or where headed. the house of represent is as we speak has four days left after today. they are not here. the speaker has not told in the they have 48 hours notice. >> if i cannot imagine their consciousness. we are here trying to get something done. >> if nothing is done the bush era tax-cut expire at the end of the year. plus a 2% payroll tax how they will expire as well. >> the american family will release 4% more their paycheck to taxes if no deal is reached by the end of the year. >> also sharp spending cuts will kick in. >> we have >guidner warning about the u.s. debt ceiling- to-timothyguidnr. >> white house as president obama has made several phone calls to congressional leaders to talk about the fiscal cliff. >> the present call harry reid as well as house speaker john baker, senate republican leader mitch mcconnell and house democratic leader nancy pel
americans' taxes are approaching the wrong direction. come the first of this year, americans will have less income they have today. if we go over the cliff, it looks like that is or where headed. the house of represent is as we speak has four days left after today. they are not here. the speaker has not told in the they have 48 hours notice. >> if i cannot imagine their consciousness. we are here trying to get something done. >> if nothing is done the bush era tax-cut expire at the...
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Dec 28, 2012
12/12
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WTTG
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on the middle class, leaving more sweeping spending cuts and tax increases until next year. house majority leader cantor believes they could be in session the day before the new congress is sworn in, january 2nd. today's meeting is the first face to face meeting between the president and republican leaders since december 16th. senate minority leader mcconnell has said he is eager to hear what the president has to say. that's the latest here at the white house, back to you. >> sherri, thank you very much. we've been getting responses about the negotiatings from viewers. we want to hear your voice on to topic. go to our facebook page. >>> president vladimir putin signed a bill banning americans from adopting russian children this morning. he signed the ban in retaliation for a new law passed by the u.s. congress that punishes russian officials for human rights abuses. many russians protested this week and even the russian foreign minister the law is a bad idea. >>> taking a look at our other top stories now. sad news this morning, desert storm commander norman schwartzkopf has
on the middle class, leaving more sweeping spending cuts and tax increases until next year. house majority leader cantor believes they could be in session the day before the new congress is sworn in, january 2nd. today's meeting is the first face to face meeting between the president and republican leaders since december 16th. senate minority leader mcconnell has said he is eager to hear what the president has to say. that's the latest here at the white house, back to you. >> sherri,...
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Dec 28, 2012
12/12
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WMAR
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no american wants their taxes to be increased and taxes are really the sticking point here. republicans fundamentally don't want to raise taxes on anyone but president obama is hoping that the bush tax cuts will beextended except for those making $250,000 or more and republicans say no way. clearly both sides are not coming together on anything any time soon. >> all right and the beat goes on. sandra endo in dc thanks so much for the time. >>> news time is #:32. -- 6:32. the debate over whether teachers should be able to bring guns to school got more heated. 200 teachers from utah packed the conference room and learned how to carry a concealed weapon on the job. and how to protect their schools from an armed intruder. >> the safety is the biggest part. and to be able to use them appropriately is really high priority for me. >> utah is one of the few states where public schools allow guns on campus advocates argue that just having guns at the school might be enough to keep the criminals away and some teachers in utah want more gun training. organizers are planning another cla
no american wants their taxes to be increased and taxes are really the sticking point here. republicans fundamentally don't want to raise taxes on anyone but president obama is hoping that the bush tax cuts will beextended except for those making $250,000 or more and republicans say no way. clearly both sides are not coming together on anything any time soon. >> all right and the beat goes on. sandra endo in dc thanks so much for the time. >>> news time is #:32. -- 6:32. the...
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Dec 28, 2012
12/12
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KRON
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bush-era of texas taxes >> and. nobody wants. to really work they just want to play the name game. >> putting over the edge that the scenario is allowing tax increases to take effect and on january 3rd, the lawmakers are going to be able to cut taxes. elisabeth corridon.. awarding. >> both obama and the senate returned to washington today after a christmas break. house leaders announced the chamber would reconvene sunday and possibly stay in session until a new congress is sworn in january third. someone hacked into her the san francisco muni service will be free this friday to celebrate muni's 100 years of service. and 100 years of customer support. all buses.including light rail lines and cable cars will be free from 5 a-m friday through 5 a-m saturday muni officials initially considered charging a five cent fare.the price riders paid a century ago. but ride free instead. muni service will also be between 8 p.m. monday through 6 a.m. tuesday. >> jacqueline: it was dry but the rain fall overturns. with mostly clear
bush-era of texas taxes >> and. nobody wants. to really work they just want to play the name game. >> putting over the edge that the scenario is allowing tax increases to take effect and on january 3rd, the lawmakers are going to be able to cut taxes. elisabeth corridon.. awarding. >> both obama and the senate returned to washington today after a christmas break. house leaders announced the chamber would reconvene sunday and possibly stay in session until a new congress is...
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Dec 25, 2012
12/12
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CNNW
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we're now just seven days away from tax hikes for pretty much all americans. spending cuts that could break millions of families' budgets, and it could launch the economy back into a recession. president obama spent christmas eve playing golf with friends in hawaii, and right now the senate looks like the last hope for neglect getting past the fiscal krif. want to go to the white house correspondent briana keilar who is traveling with the first family in honolulu. any discusses at all that you're hearing from from sources in either party right now? >> reporter: some discussions, but they are not really surprising ones, dana right now we understand that the white house is talking with senate democrats, and this is exactly what you would expect ahead of the senate reconvening on the 27th when it's really up to senate majority leader harry reid to try to figure out some sort of measure that can get some republican support in the senate and some republican support in the house in the hopes of averting the fiscal cliff. this is really a bit of a last-ditch effort,
we're now just seven days away from tax hikes for pretty much all americans. spending cuts that could break millions of families' budgets, and it could launch the economy back into a recession. president obama spent christmas eve playing golf with friends in hawaii, and right now the senate looks like the last hope for neglect getting past the fiscal krif. want to go to the white house correspondent briana keilar who is traveling with the first family in honolulu. any discusses at all that...
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Dec 28, 2012
12/12
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MSNBCW
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automatic tax cuts and smaller paychecks hang in the balance. american military hero, four-star general known as stormin' norman schwarzkopf has died. >>> a fiscal milk cliff is looming. bears over the bruins in the holiday bowl. >>> good morning, even as the finger pointing continues on capitol hill this morning, new hope on a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire just about every worker is going to see their paycheck reduced. it's going to eliminate unemployment extensions and initiate spending cuts across the board. >> how will people see this in their paychecks and in their taxes? >> workers wil
automatic tax cuts and smaller paychecks hang in the balance. american military hero, four-star general known as stormin' norman schwarzkopf has died. >>> a fiscal milk cliff is looming. bears over the bruins in the holiday bowl. >>> good morning, even as the finger pointing continues on capitol hill this morning, new hope on a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting...
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Dec 27, 2012
12/12
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KICU
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the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loopholes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are a little concerned. >> reporter: gary is optimistic about a deal. >> i'd still rate it better than 50/50. >> reporter: what seems increasingly likely is to allow the country to go over that fiscal cliff, triggering higher taxes. that would allow hard line republicans to vote for lower taxes, a few days later. >> to make them look better? to appease voters. if that's the reason, great. >> reporter: some call it a low form of political shenanigans. >> i think that's horrible, they would put the american people through that. i don't think it's fair to the american people. >> reporter: this afternoon, east bay congresswoman barbara lee told me, there are too many lives at stake if we do not get a deal before the end of the year. john fowler, ktvu, channel 2 news. >>> starbucks is urging its employees in the washington area to send a message to con
the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loopholes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are a little concerned. >> reporter: gary is optimistic about a deal. >> i'd still rate it better than 50/50. >> reporter: what seems increasingly likely is to allow the country to go over that fiscal cliff, triggering higher taxes. that would allow hard line...
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Dec 26, 2012
12/12
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KTVU
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congress has to vote on the wealth tax and it needs to be adjusted for inflation. both partisay they would agree to it but it's all tied up in the fiscal cliff mess. tax filing season starts next week but the irs would put a hold on that for some. officials would wait for a deal in the new year instead of doing serious reprogramming to their tax system. filing would then be pushed back to march for millions. with refunds coming much later than usual. especially for those who plan on paying off credit card bills that often pile up after the holidays. now all of this could be avoided a deal before the deadline monday night but some long time lawmakers fear it won't happen, more on that when i see you next. live in washington. >> oil prices started edging up arch the president announced he would return from vacation early so he could work on fiscal cliff negotiations. crude oil sells for almost $91 a barrel up nearly two dollars a barrel. it's expected to increase as hope rises that a budget deal can be reached before the deadline and that could keep the economy growi
congress has to vote on the wealth tax and it needs to be adjusted for inflation. both partisay they would agree to it but it's all tied up in the fiscal cliff mess. tax filing season starts next week but the irs would put a hold on that for some. officials would wait for a deal in the new year instead of doing serious reprogramming to their tax system. filing would then be pushed back to march for millions. with refunds coming much later than usual. especially for those who plan on paying off...
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Dec 30, 2012
12/12
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CNNW
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the tax policy center has a tax calculator. so it allows you to estimate how your family could be affected. josh levs is here in atlanta breaking down the different scenarios. the only thing you can't say is i'm going to start a drinking game. don't say kick the can down the road. jifs not going to use that phrase. i have been covering this at cnn.com and doing everything i can to avoid saying things like that. the figure a lot of people know if you know any figure is $2,000 because president obama says it a lot. the average family will end up spending $2,000 more if the fiscal cliff is not averted. let me show you something. you can find out how it would impact you directly by using this. there's a lot of numbers you have to plug in to make sense of it. obviously it can't be exact, it can't be precise, it can't predict the future, but i want to show you some examples we have pulled out. let's go to the graphic here that has a few of the examples we're showing you here. it would take, for example, this scenario, married with no
the tax policy center has a tax calculator. so it allows you to estimate how your family could be affected. josh levs is here in atlanta breaking down the different scenarios. the only thing you can't say is i'm going to start a drinking game. don't say kick the can down the road. jifs not going to use that phrase. i have been covering this at cnn.com and doing everything i can to avoid saying things like that. the figure a lot of people know if you know any figure is $2,000 because president...
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Dec 25, 2012
12/12
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CNNW
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tax cuts as opposed to before january 1st, they'll have to take a vote on tax increases? >> well, i think the president is keenly aware of the fact that going over the cliff, the so-called cliff without a congressional solution is not good for average americans. so i think he'll do everything to avoid it. he's coming back early from that short trip to hawaii. but i think that that clip you played from mr. norqist is really an important observation that we can see from that clip. he's talking about a long struggle about taxes and entitlements but right now, what it comes down to is -- will the republicans support legislation right now in these next seven days which are going to protect -- which would protect average americans from the real hardships that might be imposed upon them if we do nothing? or if they're not -- if republicans won't support this immediate legislation, will they, you know, will they make everyone be held hostage to their tax pledge to grooefr norqist? this is one man who is set on no new taxes on millionaires or on anybody and if the republicans hold
tax cuts as opposed to before january 1st, they'll have to take a vote on tax increases? >> well, i think the president is keenly aware of the fact that going over the cliff, the so-called cliff without a congressional solution is not good for average americans. so i think he'll do everything to avoid it. he's coming back early from that short trip to hawaii. but i think that that clip you played from mr. norqist is really an important observation that we can see from that clip. he's...
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Dec 27, 2012
12/12
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WBAL
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. >> i don't so how you could hammer out any kind of a grand bargain or large plan involving tax reform and entitlement changes in a matter of days. >> reporter: serious doubt is setting in. even starbucks is getting involved, writing "come together" on its cup. speaker john boehner says he's sitting this round out after failing to get enough house republicans to support his own plan just before christmas. >> i think boehner is being controlled unfortunately by the right wing. >> reporter: that leaves it up to majority leader harry reid and the rest of the senate to find a possible solution. aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate big spends cut and restore unemployment benefits. >> i think you're likely to see a two-step process here. one sort of dealing with the immediate dynamic so you can deal with the larger situation. >> reporter: without a deal, bush era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the deadline hoping it would force a compromise. so far, that's backfired. also flying b
. >> i don't so how you could hammer out any kind of a grand bargain or large plan involving tax reform and entitlement changes in a matter of days. >> reporter: serious doubt is setting in. even starbucks is getting involved, writing "come together" on its cup. speaker john boehner says he's sitting this round out after failing to get enough house republicans to support his own plan just before christmas. >> i think boehner is being controlled unfortunately by the...
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Dec 26, 2012
12/12
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CNNW
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the tax rate. no matter what it is on the rich or not on the rich will not solve the big huge impending doom. >> that's right exactly right. you said it. the latest proposal from the president, of course, did not have the kind of long and short-term and mid term spending reform that we need. the federal government right now is it as we all know, spending more than a trillion dollars year upon year since the president took office, more than a trillion over budget year upon year. that has to stop. >> and you are putting faith in harry reid to come back with some proposal that will meet that in the next six days? where are you? >>ist a good question. senator reid without the past two years has not worked in -- in any very productive way with the house majority. and we do in the house represent the american people, at least as much as the senate majority does and we do need to work together and you are right. we have had roadblocks and obstructions and ignoring the bills we sent over time and time agai
the tax rate. no matter what it is on the rich or not on the rich will not solve the big huge impending doom. >> that's right exactly right. you said it. the latest proposal from the president, of course, did not have the kind of long and short-term and mid term spending reform that we need. the federal government right now is it as we all know, spending more than a trillion dollars year upon year since the president took office, more than a trillion over budget year upon year. that has...
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Dec 28, 2012
12/12
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KRON
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many republicans are against any tax increases. most americans just want something to be done. >> if people are just tired of partisanship. we just want everyone to come together. >> if lawmakers do not come together then this may lead to recession. i am and \ / \ \ / ed payne reporting. >> we will be right back. [ male announcer ] if you're ready to get more from your tv service, now's a great time to get at&t u-verse tv. make the switch. [ female announcer ] call now to get at&t u-verse tv for only $29 a month for 6 months, with a total home dvr included free for life. plus, add hbo and cinemax and get the first three months free. [ male announcer ] with u-verse tv, you can record four shows at once with the total home dvr that lets you play back, pause, or rewind your shows from any room. get over 170 hd channels. that's more than cable. [ female announcer ] call now to get at&t u-verse tv for only $29 a month for 6 months, with a total home dvr included free for life. plus, add hbo and cinemax, and get the first three months fr
many republicans are against any tax increases. most americans just want something to be done. >> if people are just tired of partisanship. we just want everyone to come together. >> if lawmakers do not come together then this may lead to recession. i am and \ / \ \ / ed payne reporting. >> we will be right back. [ male announcer ] if you're ready to get more from your tv service, now's a great time to get at&t u-verse tv. make the switch. [ female announcer ] call now to...
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Dec 26, 2012
12/12
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KTVU
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would then be voting for tax cuts as opposed to tax increases they would now have to reach a deal. put the president and the democrat particular party would win. >> he gets to cut the military and he gets to blame republicans for it. >> also if congress does not reach a deal by monday as many as 500 million taxpayers will not be able to file until march and i can explain why when i see you next. tile la campbell -- kyle la calm about a ktvu channel 2 morning news. >>> they are asking all workers from d.c. washington area stores to coliseum together and he said he wants to send a respectful but potent issue. we have more times with the same message. >>> the u.s. base was the target of a suicide attack in afghanistan. a car bomb went off at the gates of camp chapman. the blast skilled a delivery guard and 6 children. the taliban is claiming responsibility. >>> more than 10 people people voted to support it but more than two-thirds voted not to have it but some say it passed too quickly. it protects some rights but underminds others. >>> now that voters have approved higher taxes for
would then be voting for tax cuts as opposed to tax increases they would now have to reach a deal. put the president and the democrat particular party would win. >> he gets to cut the military and he gets to blame republicans for it. >> also if congress does not reach a deal by monday as many as 500 million taxpayers will not be able to file until march and i can explain why when i see you next. tile la campbell -- kyle la calm about a ktvu channel 2 morning news. >>> they...
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Dec 27, 2012
12/12
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CNNW
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all the bush tax cuts, all of them will expire with taxes going up an average of $1600 per household. the payroll tax holiday also expires. that means the tax burden will go up an average $z700 per household extra. extended unemployment benefits expire so collection shrinks from 93 weeks to 26 weeks. the medicare doc fix expires, that means a 27% cut in physician payments. the alternative minimum tax expands to 27 million more americans and obama care taxes hit, meaning a 0.9% jump in the medicare payroll tax for those earning $200,000 or more. but what about the house of representatives? they left town after republicans failed to bring a vote on their own plan b last week. ohio republican congressman steve latourette seems kpas rat -- kpas rated about all of this. you're on your way out and you repudiated the norquist pledge which you signed back in 1994. tell me why? >> well, i repudiated it because, listen, it's not 1994 anymore. the world has moved on. we have the euro, we've had september 11th, a lot of things have happened. and quite frankly, this calls for a big solution. it ca
all the bush tax cuts, all of them will expire with taxes going up an average of $1600 per household. the payroll tax holiday also expires. that means the tax burden will go up an average $z700 per household extra. extended unemployment benefits expire so collection shrinks from 93 weeks to 26 weeks. the medicare doc fix expires, that means a 27% cut in physician payments. the alternative minimum tax expands to 27 million more americans and obama care taxes hit, meaning a 0.9% jump in the...
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Dec 28, 2012
12/12
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FOXNEWSW
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taxes may not be the only thing going up in the new year from your cell phone to food prices rise. a flightening situation for her mother and daughter. their car. they are lucky to be alive after their car plunges into a freezing lake. we will tell you how they made it out. >> welcome back. 44 after the hour. a mom and daughter lucky to be alive after their car plunged into a lake. people dove in to help. mother and daughter will be just fine as a result. are there some expression that is really annoy you. >> it's like when i had this garden party for my father's birthday, right, i said rsvp because it's a sit down dinner but people came that like did not rsvp so i was like totally bugging. >> according to a survey whatever, like and you know are some of this year's most annoying words and phrases. >> what do you think, heather? >> no surprise there. >> i have another one, nuss say it. >>> pay back may be smaller in 2013. you may be paying more for every day goods that we need. here with a list is diane mac o macedo. >> new study shows things like drought and higher metal prices 20
taxes may not be the only thing going up in the new year from your cell phone to food prices rise. a flightening situation for her mother and daughter. their car. they are lucky to be alive after their car plunges into a freezing lake. we will tell you how they made it out. >> welcome back. 44 after the hour. a mom and daughter lucky to be alive after their car plunged into a lake. people dove in to help. mother and daughter will be just fine as a result. are there some expression that is...
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Dec 28, 2012
12/12
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WRC
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can quickly help figure the like on middle-class taxes and later claim they voted to cut taxes. steve handelsman, news4, capitol hill. >>> some frightening moments in a d.c. neighborhood today after a stolen car slams into a metro bus. this was the scene around 10:00 this morning. it's at wheeler road and southern avenue near the aspirin georges county line. police tell us this stolen nissan maxima was stealing when it hit the bus head-on. it narrowly missed a woman and her baby. we're told the suspects allegedly went on a crime spree snatching purses from people at gas stations right before this violent crash. >> i heard this big boom. i didn't think nothing of it. then i heard the sirens. >> reporter: what did you see? >> police cars, this car, the metro bus. >> the bus driver and passengers received minor injuries. the three suspects inside that car are now in custody. coming up tonight at 5:00, jackie bensen speaks with one of the purse-snatching victims. >>> still a lot of unanswered questions in a crash on the beltway that killed three people on christmas eve. the crash sh
can quickly help figure the like on middle-class taxes and later claim they voted to cut taxes. steve handelsman, news4, capitol hill. >>> some frightening moments in a d.c. neighborhood today after a stolen car slams into a metro bus. this was the scene around 10:00 this morning. it's at wheeler road and southern avenue near the aspirin georges county line. police tell us this stolen nissan maxima was stealing when it hit the bus head-on. it narrowly missed a woman and her baby. we're...
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Dec 28, 2012
12/12
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KTVU
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he was called to pass a scaled back agreement to keep taxes from going up. the senate went back into session today. leaders accused each other of standing in the way of a deal. >> you can't legislate with yourself. we have nobody to work with. compromise. >> republicans aren't about to write a blank check just because we find ourselves at the edge of the cliff. >> the house will convene on sunday. republicans already refused to take a vote on speaker of the house john speaker of the house john boehner's plan. with no deal in the works you are likely to see a smaller pay check. ktvu's consumer editor tom vacar joins us to detail what it will cost taxpayers. >> reporter: indeed, more than a cliff for some. >> reporter: for more and more americans, the fiscal cliff is being viewed as a failure of government. >> they are on vacation, doing whatever they are doing. they don't care. >> i just don't think they will ever come to an agreement. both parties are so far apart that there is no common ground. >> reporter: if you make between 50-60,000 deal, taxes go up $9
he was called to pass a scaled back agreement to keep taxes from going up. the senate went back into session today. leaders accused each other of standing in the way of a deal. >> you can't legislate with yourself. we have nobody to work with. compromise. >> republicans aren't about to write a blank check just because we find ourselves at the edge of the cliff. >> the house will convene on sunday. republicans already refused to take a vote on speaker of the house john speaker...
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Dec 27, 2012
12/12
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KTVU
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the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loopholes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are a little concerned. >> reporter: gary is optimistic about a deal. >> i'd still rate it better than 50/50. >> reporter: what seems increasingly likely is to allow the country to go over that fiscal cliff, triggering higher taxes. that would allow hard line republicans to vote for lower taxes, a few days later. >> to make them look better? to appease voters. if that's the reason, great. >> reporter: some call it a low form of political shenanigans. >> i think that's horrible, they would put the american people through that. i don't think it's fair to the american people. >> reporter: this afternoon, east bay congresswoman barbara lee told me, there are too many lives at stake if we do not get a deal before the end of the year. john fowler, ktvu, channel 2 news. >>> starbucks is urging its employees in the washington area to send a message to con
the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loopholes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are a little concerned. >> reporter: gary is optimistic about a deal. >> i'd still rate it better than 50/50. >> reporter: what seems increasingly likely is to allow the country to go over that fiscal cliff, triggering higher taxes. that would allow hard line...
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we are talking about every american's tax rates who pays taxes, talking about the extension of unemployment, the estate tax this has more elements in it than most things do i think at the end of the day, you know, in the senate now, i think the senate will come to some sort of arrangement, they will push it over here and then i think the house will be the decisive arena, a lot will depend, obviously, on what the senate agrees to >> isn't that the question what will happen in the house? i don't think we have a concern, maybe i shouldn't stay quite that way, the house seems to be the clear focus on whether or not republicans can muster the votes needed. what is going to happen? >> a lot depends on the nature of the agree weren't, remember on the speakers a plan b, he had over 200 republican votes are, it is not as if he doesn't have an awfully strong hand to play. if it's a deal that john boehner can accept, then frankly, i think it will be passed in a bipartisan manner with a very strong majority. if, on the other hand, he is either neutral or not favorable, then his chances are going to be
we are talking about every american's tax rates who pays taxes, talking about the extension of unemployment, the estate tax this has more elements in it than most things do i think at the end of the day, you know, in the senate now, i think the senate will come to some sort of arrangement, they will push it over here and then i think the house will be the decisive arena, a lot will depend, obviously, on what the senate agrees to >> isn't that the question what will happen in the house? i...
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rate should be as well as on taxes on small business as well as the death tax. they are very divided on this issue. >> the estate tax. yeah. so let me have you answer that. i have another subject i want to bring up. do you think there will be a deal and that most taxes will not go up? >> we're not there yet, but i'm hoping in a bipartisan way we can get something done before new year's day. >> okay. let me -- i wanted to play you something else, because you were an immigration lawyer before you came in, continues to be something you're interested in. and the president was talking about priorities for this year and here's what he had to say. >> i've said that fixing our broken immigration system is a top priority. i will introduce legislation in the first year to get that done. i think we have talked about it long enough, we know how we can fix it, we can do it in a grow hensive way that the american -- comprehensive way the american people support, that's something we should get done. >> sounds like it could be a done deal. talked enough about it. >> i think he
rate should be as well as on taxes on small business as well as the death tax. they are very divided on this issue. >> the estate tax. yeah. so let me have you answer that. i have another subject i want to bring up. do you think there will be a deal and that most taxes will not go up? >> we're not there yet, but i'm hoping in a bipartisan way we can get something done before new year's day. >> okay. let me -- i wanted to play you something else, because you were an immigration...
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Dec 28, 2012
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president was optimistic and insistent, optimistic there can be a deal that will keep most americans' taxes from going up. here's the president gist now in the white house briefing room. >> i just had a good and constructive discussion here at the white house with start and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote. one that protects the middle class from an income class hike. one that extends it to 2 million americans looking for a job and lays the groundwork for more economic growth and debt reduction. >> that leads to the insistent park, asking reith who control the senate agenda and has a majority to pass things gets you most of the way through the senate. clearly the president wants mcconnell and the republicans not t
president was optimistic and insistent, optimistic there can be a deal that will keep most americans' taxes from going up. here's the president gist now in the white house briefing room. >> i just had a good and constructive discussion here at the white house with start and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an...
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and allowing taxes to increase on the wealthiest americans. this remains a major sticking point for many republicans. some say a small deal is better than no deal at all but represents a lack of leadership. >> they haven't taken any of the hard measures to bring spending down and reform entitlements and raise more revenues. >> reporter: now, late saturday, negotiators continued to haggle over a number of issues, particularly the issue of taxes. republican leader, mitch mcconnell, was spotted at the capital. when asked if they would reach a deal, he told reporters, quote, i hope so. erica? >> many americans hoping so too. >>> david gregory is moderator of "meet the press." good morning. >> good morning, erica. >> you sat down with an exclusive interview with the president. did he seem optimistic to you? >> he says he is optimistic but really preparing to play hardball. his own approach, plan "b," is a small deal to get an extension of the middle class tax cuts and do very little else. the fight over the debt continues into the new year just wee
and allowing taxes to increase on the wealthiest americans. this remains a major sticking point for many republicans. some say a small deal is better than no deal at all but represents a lack of leadership. >> they haven't taken any of the hard measures to bring spending down and reform entitlements and raise more revenues. >> reporter: now, late saturday, negotiators continued to haggle over a number of issues, particularly the issue of taxes. republican leader, mitch mcconnell,...
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. >> reporter: that would raise taxes on people making more than $200,000 a year. each making a parting pitch. >> i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, prevents unemployment insurance for 2 million americans and lays the ground work for further work on both growth and deficit reduction. >> the presidents solution of raising tax rates would still be ready for as far as the eye can see and it would hurt jobs. >> the partisan bickering has put the country on the brink of a financial crisis. >> it's the first time that i feel it's more likely that we will go over the cliff than not. and that if we allow that to happen it will be the most collosal consequential in a very long time. >> reporter: president obama is in hawaii for christmas. he says he will cut his vacation short to try to hammer out a deal with republicans. i'm andrew spencer reports. >>> fears over if fiscal cliff dampened hopes on the stock market. >>> on the heels of a public outcry, instagram has been hit with with their first civil
. >> reporter: that would raise taxes on people making more than $200,000 a year. each making a parting pitch. >> i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, prevents unemployment insurance for 2 million americans and lays the ground work for further work on both growth and deficit reduction. >> the presidents solution of raising tax rates would still be ready for as far as the eye can see and it would hurt jobs....
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because you have to add both the obama care tax that's coming and the tax, the disappearing bush tax increase and this hits primarily as you know, small business owners and people who file subchapter s corporations. >> that's not who is primarily hits, it hits some of those people. >> over half of all the small business income that ends up paying this higher rate, if you do it. and the last time we did this, more than two-thirds of the people who got hit, were actually the subchapter s corporation. i think it would have a very significant effect. the other effect it has is that we're not cutting spending because we're spending too much money. and that sends a very bad signal. if we're not going to do entitlement reform, because every time we talk about it obama says let's raise taxes instead. we're dealing with tens of trillions of dollars in unfunded liabilities, in four years obama has done nothing on entitlement reform. nothing for four years. what has he done? chirped about raising taxes on rich people. raising taxes on rich people is what obama talks about instead of doing his j
because you have to add both the obama care tax that's coming and the tax, the disappearing bush tax increase and this hits primarily as you know, small business owners and people who file subchapter s corporations. >> that's not who is primarily hits, it hits some of those people. >> over half of all the small business income that ends up paying this higher rate, if you do it. and the last time we did this, more than two-thirds of the people who got hit, were actually the...